AAR names new CFO

AAR CORP. (NYSE: AIR) said that Michael J. Sharp has been appointed to serve as the company´s chief financial officer, effective October 5, 2015.

Sharp will replace John C. Fortson who is resigning and relocating to take a CFO position with a non-aviation company.

Sharp, 53, is a 19-year veteran of the company and currently serves as its Vice President, Controller and Chief Accounting Officer. He also served as interim Chief Financial Officer of the company from October 2012 to July 2013. Prior to joining the company, Sharp worked in management positions with Kraft Foods and KPMG LLP.

AAR is a global aftermarket solutions company that employs more than 4,500 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial aviation and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR´s Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair. AAR´s Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions.